Business week in review
Sunday 28 July 2013
In profit ...
McDonald's UK chief Jill McDonald announced on Monday that the fast-food chain had enjoyed its "busiest-ever" day towards the end of June. She put this down to people treating themselves to a Big Mac around payday.
For the sake of clarity, we would like to point out that McDonald is no relation to the scourge of the Hamburglar, Ronald McDonald.
Volkswagen chairman Martin Winterkorn pleased the good people of Crewe on Tuesday. He announced an £800m investment in the town's Bentley factory, which has been charged with building an ultra-powerful sport utility vehicle.
Ian Cheshire, boss of B&Q owner Kingfisher, revealed strong second-quarter results on Wednesday.
... at a loss
Wednesday's news that Sir David Higgins is to leave Network Rail next year, which is more of a loss for the industry than for him.
The man who earned his "k" for overseeing the construction of the London Olympics, found far less love as head of an organisation that looks after most of Britain's rail infrastructure.
He has helped Network Rail become more commercially focused, but was criticised for his £100,000 bonus.
Hibu boss Mike Pocock confirmed on Thursday that the Yellow pages owner had finally collapsed into the arms of its creditors after restructuring £2.3bn of debt. That same day Unilever chief executive Paul Polman announced weak sales.
- 2 Friends 20th anniversary: Alison Jackson photographs reunited cast
- 3 There is literally not a single woman in this iPhone 6 queue
- 4 Hitler’s former food taster reveals the horrors of the Wolf’s Lair
- 5 Scottish independence: Tory revolt against 'devo max' grows as Rail Minister Claire Perry joins
Scottish independence referendum: Frankie Boyle reacts to nation's 'No' vote - 'To be fair, I've always hated Scotland'
Scottish independence live: Scotland gives a clear 'No' in historic referendum - as it happened
Iranian blogger found guilty of insulting Prophet Mohammad on Facebook sentenced to death
Scottish independence: Tory revolt against 'devo max' grows as Rail Minister Claire Perry joins
Hitler’s former food taster reveals the horrors of the Wolf’s Lair
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
Scottish independence referendum: A nation divided against itself
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Russia freezes Ukraine into submission: Kiev admits country doesn't have enough fuel for winter
Scottish independence: The Queen breaks silence on referendum debate – as think tank warns of £14bn black hole if Scotland votes Yes
Archbishop of Canterbury admits doubts about existence of God
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